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Tuesday, 23 April 13
INDONESIAN STATE OWNED COAL MINER SHIPPED 4 PERCENT MORE COAL IN 1Q
 COALspot.com - PT. Bukit Asam, the Indonesian state owned coal miner shipped more coal in first quarter of this year compared to the same period in a year ago.
“For the period 1Q’13, PTBA’s coal sales jumped up 17 percent (YoY) from 3.9 Mt to 4.5 Mt. The export increases by 4% (YoY) to 0.8 million tons. The increase was in line with the company sales target of 55 percent for export market and 45 percent domestic in 2013.
The company further said in its report, the company has allocated more high calorific value coal in 1Q for export, which drives higher exports volume”.
PTBA has hauled 8 percent more coal (3.15 Mt) through its existing railway YoY. In the meantime, IPC one of the company’s subsidiary company, has produced 13 percent (YoY) less coal in 1Q (from 3.4 Mt to 2.9 Mt). Average strip ratio for 1Q 2013 was lower to 3.2:1 compared previously 4.1:1.
The company has booked sales of IDR 2.78 trillion (approximately US$ 286,008,230), down 8% YoY from IDR 3.02 Trillion (approximately US$ 310,699,588) in 1Q. According to company, the sales value was dropped due to the weakening of global coal prices in 1Q’ 13. However, the company able to achieved weighted average selling price of IDR 613,810 (US$ 63.14) per ton in 1Q’ 13.
The company has booked IDR 0.49 trillion (approximately US$ 50,411,522) as profit margin in 1Q’ 13 and, according to company, the margin was most influenced by sales volume, average selling prices and coal closing inventory. Company’s gross profit margin and net profit margin were 34% and 18% respectively.
PTBA is targeted produce / sell 20.68 million tons or 35 percent higher coal compared to last year quantity of 15.3 Mt in 2013, the statement said. The efforts of this increasing sale are in line with the increasing performances of railway transportation and coal outputs from its subsidiaries, both IPC and trading company Bukit Asam Prima.
The railway capacity is expected to reach 15.69 Mt or up 31.8 percent YoY from 11.9 Mt of FY2012. An additional of 44 more locomotives and 230 wagons are expected to arrive by June 2013 to support company’s future coal hauling activities. The subsidiary IPC coal output for 2013 is also expected to increase 1 Mt from 0.9 Mt in 2012. Bukit Asam Prima is targeting to sell 1.6 Mt in 2013.
In an effort of maintaining the efficiency and low production cost, the company has its owned 3x10 MW power plant to fulfill the internal electricity consumption to operate the whole mining system in Tanjung Enim.
In 2013, the company also keep doing the selective mine planning and mine optimization through strip ratio in the range of 4:1 to keep the production cost under control. In addition, the expanded port infrastructures in Tarahan Lampung will start its operation in October 2013. Once the expanded port infrastructure is in operation, the company can accept vessels of 150,000DWT and 80,000DWT at the same time for loading. The company is believes that, the commencement of this port operation will enhance the efficiency of shipping and port handling costs, the company said in its press release today.
PTBA has allocated total capital expenditure of IDR 2.2 trillion (approximately US$ 234,567,901) in 2013. Of which 80% dedicated for the infrastructures development in Tanjung Enim mine, Kertapati port and Tarahan port. While the remaining 20% allocated for routine maintenance.
PTBA’s other new projects in pipe line:
- The Construction of the power plant for the internal use (3x10MW and 2x8MW).
- The construction of 3x10MW in Tanjung Enim mine (mine mouth power plant) which will burn waste coal as its fuel.
- The Excess of power capacity from the power plant is estimated at 6MW has been agreed to be sold to the PLN with a tariff of IDR787.2/kwh. (approximately US$ 0.080 / kwh)
- The 2x8 MW power plants which still being built will be utilized to provide power to the daily operational needs of Tarahan port.
- The Expansion of Tarahan port with the throughput up to 25 Million tons per year.
- The Expansion of The Existing Railway to be 22.7 million tons in 2014.
- The Newly Developed Railway Project from Tanjung Enim to Lampung with a capacity of 25 million tons per year.
- A Coal Bed Methane project.
- Mine Mouth Power Plants 2x110MW, 2x620MW and 800 to 1.200 MW in several locations.
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Tuesday, 07 May 13
NEWCASTLE PORT'S COAL EXPORTS HOLD STEADY WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,975,160 tons of thermal and coking coal for week ended 0700 hours 6 May 2013, Newcastl ...
Monday, 06 May 13
INDONESIAN COAL PRICE REFERENCE FALLS CONTINUE
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $ 3.23 / MT in May 2013.
The monthly coal pr ...
Sunday, 05 May 13
SUB-BIT FOB INDONESIA COAL - MIXED TREND; API 8 CFR SOUTH CHINA COAL - POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.28 percent and API 8 CFR South China Coal shipment&nb ...
Saturday, 04 May 13
INDONESIA TO INDIA PANAMAX FREIGHT : FLAT TO SOFT - CAPT. REDDY
COALspot.com - The demand for iron ore picked up and its pushed up the cape size index by 7.86 pct. Cape index closed at 1,344 points. The BDI ...
Friday, 03 May 13
US PRODUCED 17.9 MILLION SHORT TONS (MMST) OF COAL IN A WEEK
COALspot.com - U.S. produced totaled approximately 17.9 million short tons (mmst) in a week (For the week ended April 27, 2013), EIA said in its lat ...
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- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
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